Morpho Optimizers

Morpho has expanded its lending protocol integration, now powering BTCFi lending and borrowing on Corn's platform, with a front-end developed by Okutrade. Earlier this year, Morpho partnered with Coinbase to enable USDC borrowing against BTC collateral for US customers (excluding NY). The service offers: - Competitive onchain interest rates - Instant USDC delivery - Flexible repayment terms - In-app loan management Morpho's open infrastructure allows any financial institution to create customized lending experiences. The protocol continues to optimize lending pools, improving rates while maintaining liquidity and risk parameters of underlying protocols.

Morpho is evolving beyond proof-of-concept tokenization to enable practical lending applications for tokenized assets. The protocol recently simplified its migration process and emphasizes its role as infrastructure for major players like Coinbase to build onchain lending products. Key developments: - New migration tools available at [app.morpho.org/ethereum/migrate](https://app.morpho.org/ethereum/migrate) - Focus on scalable, secure integration capabilities - Support for fixed-rate lending use cases - Infrastructure designed for institutional adoption The protocol maintains its core simplicity while expanding functionality for tokenized asset lending and borrowing, positioning itself as a foundational layer for the next generation of DeFi services.

Level's stablecoin ecosystem is expanding its utility through integration with Morpho Labs. Users can now leverage lvlUSD up to 9.3x on mainnet. Key features: - lvlUSD is fully backed by USDC and USDT reserves - Yield generation through lending protocols - Stakers earn yields through slvlUSD - New partnerships with Pendle, M11Credit, Steakhouse, and Hyperithm The integration enables more borrowing and lending use cases for lvlUSD, slvlUSD, PT-lvlUSD, and PT-slvlUSD. ⚠️ *Important*: Trading on leverage carries significant risk. Users should thoroughly understand mechanics before trading or staking.

Maple Finance has integrated with Morpho Labs to enable borrowing against SyrupUSDC. The new feature is now live with USDC borrowing available through Gauntlet and MEV Capital vaults. Key features: - Supply SyrupUSDC as collateral (~11-12% yield) - Borrow USDC at ~56% rate - Mint new SyrupUSDC - Potential for ~5% additional yield per cycle Users can access the borrowing feature at [Morpho's platform](https://app.morpho.org/ethereum/market/0x729badf297ee9f2f6b3f717b96fd355fc6ec00422284ce1968e76647b258cf44/syrupusdc-usdc).

Morpho has launched its Explore feature on the Morpho App, providing enhanced protocol metrics and vault information in one centralized location. The protocol continues its multichain expansion with new deployments on: - Unicorn Chain - Mode Network - Hemi - Corn - Sonic Labs These infrastructure-only deployments include core smart contracts but require DAO approval for frontend support and MORPHO rewards. Recent developments: - Became largest lending protocol on Base - Awarded 198,000 MORPHO to 11 teams in pilot grant program - Released refreshed app with improved backend architecture - Implemented Pre-Liquidations for enhanced loan management [Try Explore now](https://app.morpho.org/ethereum/explore)

Morpho has achieved a significant milestone by becoming the largest lending protocol on Base network, measured by active loans. The protocol, which optimizes lending pools through a peer-to-peer layer, operates on top of established platforms like Compound and Aave. Morpho's key features: - Seamless rate improvements for users - Maintains same liquidity and risk parameters as underlying protocols - Operates optimized versions of AaveV2, AaveV3-ETH, and CompoundV2 The protocol's growth on Base demonstrates increasing adoption of optimized DeFi lending solutions.

**Morpho has expanded to seven new chains** including Polygon POS, World Chain, Ink, Arbitrum, Scroll, Fraxtal, and OP Mainnet. Key points: - Infrastructure-only deployments without initial Morpho App support or MORPHO rewards - Can transition to core deployments with DAO approval - Independent builders encouraged to develop on these chains - Includes full suite of smart contracts including Vaults 1.1 and Oracles Security features: - Audited by SpearbitDAO and OpenZeppelin - Formal verification by CertoraInc - $2.5M bug bounty program *Future deployments will focus on chains with confirmed curator and builder interest.*

Coinbase has launched crypto-backed loans powered by Morpho's permissionless infrastructure. Here are the key details: - US customers (excluding NY) can now borrow USDC using BTC as collateral - Loans are managed directly through the Coinbase app with instant USDC delivery - Flexible repayment terms and competitive interest rates - More collateral assets planned for future support Morpho's open infrastructure allows any financial institution to create customized lending experiences. The protocol aggregates global liquidity, enabling efficient borrowing against various assets, including yield-bearing tokens. *Users can access these services through Coinbase.com/loans or directly via app.morpho.org*

**Gauntlet (@gauntlet_xyz) has released a new app dedicated to Morpho Vaults.** This application aims to provide users with: - Robust, data-driven insights - Transparent information on Gauntlet-curated vaults The release showcases the potential for curators on the Morpho platform. This development follows a recent partnership between Gauntlet, Morpho, and Pyth: - Pyth was chosen to power and secure Gauntlet's lending vaults on Ethereum and Base - Morpho's architecture allows approved entities to launch custom risk-managed vaults - Gauntlet, experienced in DeFi, was an early approved vault operator on Morpho *This collaboration highlights the growing ecosystem of DeFi lending and risk management.*